712 Degraw Sells for $1,150,000
sold Six months and one price cut after it hit the market, the three-story house at 712 Degraw Street in the Lower Slope closed for $1,150,000. The listing said that the interior was in “great shape” and had “lots of detail,” in which case it sounds like a decent deal. Most interesting of all, the…
sold
Six months and one price cut after it hit the market, the three-story house at 712 Degraw Street in the Lower Slope closed for $1,150,000. The listing said that the interior was in “great shape” and had “lots of detail,” in which case it sounds like a decent deal. Most interesting of all, the deal was struck “post-Lehman,” on November 6, 2008 to be exact.
House of the Day: 712 Degraw Street [Brownstoner] GMAP P*Shark
712 Degraw Street Listing [Leslie J. Garfield]
Miss Chiff – as I recall, I was not the only one to point out to you that for many buyers, standard procedure is to wait for an accepted offer before bringing in inspector, etc. I know you did the opposite but that does mean I “don’t know how to buy a house”. I’m not a neophyte. And I agree, let’s keep the conversation civil please – perhaps our new President can be a role model here.
Sorry, meant 11:34…that would be the beginning of the name calling. Apologies.
calling people who disagree with you “shills” is kinda name calling shillstoner.
My 11:24 post:
“God, the shills get so nasty as the market collapses. Dibs and 11217,instead of b–ing at people why don’t you just go back to the open thread and waste the day posting witty bon mots to each other?”
No name calling there, dibs–unless you’re counting “shills”.
Is Miss Muffet the one who doesn’t know how to actually buy a house and is now telling all of us how the market works? I read you once before on this topic. Don’t make me do it again.
I think you started the name calling shill at 11:24. Jackass.
I am looking at the sales too…nothing is “collapsing.” Show me that the levels of brownstone inventory are significantly higher than a year ago.
You haven’t cited one bit of factual evidence.
Why do I continue to engage this loon???
Sorry What but you are mistaken. Just because you spend all day selling 97% FHA loans to deadbeats doesn’t mean the rest of us do. You know people that resort to profanities do so because they can not come up with a valid argument. Your lack of intellect is showing
The condo was 20% down Full Doc. Client is just starting out lawyer
The coop was 25% down Full Doc. Client is music producer for TV shows.
I think I have done 1 FHA loan in the past year and it was at 90%. And the reason was to get MI in an area that was redlined as a declining market.. Newark NJ. Most of my clients are purchase clients with high income, great credit, and assets. The majority put 20% down. A few have put 10% down. None have done 97%. That just isn’t my business.
I’m sorry but most clients buying are either conforming/agency jumbo. Those that require loan amounts above that can secure them through the various smaller portfolio banks that have programs that go upwards of 3 million.
Individuals purchasing properties of that caliber SHOULD be able to put 25% down at least if not more. If they can’t they should not be buying properties that expensive. It’s not that complicated. Why don’t you understand that?
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I am looking at the sales–and all of the unsold properties. And can’t you respond without calling people names?
“lower slope”? how is this anything slope?
enough with the pre and post lehman in every other post. it’s getting annoying.